1. COTE DECIMALE

FORMULA: MIZĂ × COTĂ = CÂȘTIGURI

If you put $100 on 1.50 odd, possible payout would be $150. It’s important to bear in mind, payout is stake plus profit which is different from UK odds (profit in this example is $50). These odds are considered to be best for parlay betting (accumulators), since the payout is simply the product of the odds for each outcome wagered on. Also, decimal odds are favored by betting exchanges because they are most suitable for trading.

2. FRACTIONAL ODDS

If the decimal odds are the most popular, fractional odds are popular in United Kingdom and Ireland. They’re also known as British odds, UK odds, or in that country – traditional odds. They are represented as fractions (6/4, 2/1, 1/3…) and indicate the net payout earned relative to the amount staked. Differently from decimal format, they show the possible profit (stake is excluded). Odds of 2/1 (the way to say is “two to one”, or less commonly “two to one against”) imply that the bettor would have £200 profit on a £100 stake. If the odd is 1/2 (“one to two”, or “two to one on”), the bettor would have £50 profit on a £100 stake. Odds of 1/1 are also known as evens or even money.

FORMULA TO CONVERT INTO DECIMAL ODDS 1 ( 1/2 + 1 = 1.50 )

3. AMERICAN ODDS

American odds are, of course, the most popular at US bookmakers but are offered by most online sportsbooks as well. They’re also known as “money line odds” or “lines” and are different for favorites and underdogs. If the odd is worse than even, the figure is negative and it shows how much money must be wagered to win $100. If the quoted odd is -200 (1.50 in decimal format and 1/2 in fractional), it means you have to put $200 to win $100. If the odd is better than even, the figure is positive and it shows how much money will be won on a wager of $100. If the quoted odd is 300 (4.00 in decimal format and 3/1 in fractional), it means you will win $300 with a stake of $100. Conversion American odd to decimal depends on whether it is negative or positive. If it is negative, take -100, divide it by US odd and add 1. (-200 will be -100/-200+1=1.50). If it is positive, just divide it by 100 and add 1 (300 will be 300/100+1=4.00). Same principle is with conversion to fractional format. If US odd is negative, take -100, divide it by the odd and then convert to fraction (-200 will be -100/-200=1/2). If it is positive, divide it by 100 and convert to fraction (300 will be 300/100=3/1).

4. HONG KONG ODDS

Hong Kong odds format is very similar to the fractional (UK) format, except they are expressed in decimals, instead of fractions. Hong Kong odds are displayed as a positive number greater than 0. The number simply represents the number of units that would be collected in addition to the stake, if the bet is won.

Example:

Hong Kong odds of 0.50 imply that if a bet equal to $1 was won, the bettor would would collect $0.50 in winnings plus the initial $1 stake. Hong Kong odds equal 2.00 indicate, that with a $1 stake, the winnings would equal $2 + $1 of the initial stake.

5. INDONESIAN ODDS

Indonesian odds work exactly like US odds, except they’re divided by 100. When the odds are negative, they show how big a stake is needed for a profit of 1 unit and when positive, they show the profit from a stake of 1.

Example 1:

Team A vs. Team B Team A is listed at Indonesian odds of -1.50. This means that for each unit won, you would need to risk 1.50 units. Bet $150 on Team A, win $100. Multiply the odds by the amount bet – that is how much you risk to win the amount.

Example 2:

Team A vs. Team B Team B is listed as the underdog at Indonesian odds of 2.40 This means that for each unit bet, you would win 2.40 units. Bet $100 on Team B, win $240. Multiply the odds by the amount bet – that is how many units you win.

6. MALAY ODDS

Malay odds format is displayed as a number with absolute value no greater than 1 (usually displayed to 2 or more decimal places). Malay odds can be displayed as negative and positive numbers. When Malay odds are positive, the payout is simply calculated by multiplying the odds x stake. If the bet is lost, you lose the whole stake. When Malay odds are a negative number and the bet is won, you double your stake. If the bet is lost though, you only lose stake x negative Malay odds.

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